JOB SUMMARY: Responsible for determining ownership of minerals, reviewing marketing arrangements, corresponding with interest owners, calculating mineral acres and determining royalty rates, preparing transfer of ownership documents, verifying purchaser division orders, determining obligations under title requirements, and coordinating with internal departments.
1.Review assignments, deeds, trusts, last will and testaments, affidavit of heirships, court orders and title opinions to determine ownership of minerals.
2.Review marketing arrangements to determine the set-up of ownership.
3.Correspond with interest owners to improve knowledge of payment processes, 1099 questions and tax and marketing deductions.
4.Calculate mineral acres and determine royalty rates on oil and gas leases to ascertain the correct ownership percentages.
5.Prepare transfer of ownership documents when notified of changes in estate documents or interests sold; reallocates division of interests as needed.
6.Verify purchaser division orders to ensure the correct decimal interest is shown.
7.Determine obligations under title requirements before payments are rendered.
8.Coordinate with internal departments to obtain information in order to properly process payments and prepare correspondence.
9.Perform related responsibilities as required or assigned.
Knowledge and Skill
Knowledge of Excel and Word.
Experience in Enertia preferred.
Excellent judgment and decision making skills.
Ability to demonstrate patience and care in handling inquiries from interest owners.
Ability to understand and read legal descriptions.
Has knowledge of statutory probate laws which govern transfer of property upon the death of a person.
High school diploma or GED.
Six to nine years of directly related experience.